Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
CSP International Fashion Group S.p.A. is an Italian company specializing in the production and sale of hosiery, underwear, lingerie, swimwear, beachwear, loungewear, bodywear, and sports socks for men and women. Founded in 1973 and headquartered in Ceresara, Italy, it operates primarily in Italy, France, the European Union, and exports to approximately 65 countries worldwide, with significant sales in Western Europe, Germany, and emerging markets like the United States. The company markets its products under well-known brands including Oroblù, Luna di Seta, Le Bourget, Lepel, Sanpellegrino, Perofil, Cagi, Well, and Bikkembergs, targeting diverse consumer segments through agents, merchandisers, distributors, physical stores, and online platforms. With around 516 employees, CSP International Fashion Group S.p.A. plays a key role in the apparel and accessories sector, particularly hosiery and socks, contributing to the global textile and fashion supply chain by blending Italian craftsmanship with international distribution. Leadership includes Chairman and CEO Carlo Bertoni, alongside Mario Bertoni as Vice Chairman and CEO.
Operating margin is thin at 1.53%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 2.5% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 144% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -€2M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€87M
▼ -2.5% YoY
Net Income (TTM)
-€710K
▼ -94.5% YoY
Op. Margin
1.53%
▲ +0.6pp YoY
ROIC
1.74%
▲ +1.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€2M
▼ -143.6% YoY
Op. Cash Flow (TTM)
-€805K
▼ -117.3% YoY
Net Debt
-€1M
Net Cash Position
Cash & Equiv.
€10M
3Y CAGR: -2.7%
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